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The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate ...
The Central Bank of Egypt (CBE) held its lending rate steady at 12.25% and its deposit rate at 11.25%, its Monetary Policy Committee said in a statement accompanying the rates decision. Sign up here.
The overnight deposit rate remains at 24%, the overnight lending rate at 25%, and the rate of the main operation at 24.5% ...
The Central Bank of Egypt (CBE) kept its overnight interest rates steady on Thursday, hours after a new governor was named to replace Tarek Amer, who quit unexpectedly on Wednesday.
CAIRO (Reuters) - Egypt's central bank as expected left its overnight interest rates on hold on Thursday, saying inflation pressures had subsided but that economic growth had softened. The lending ...
Inflation dropped to 25.7% in July, the first time the real interest rate has been positive since January 2022. Inflation had fallen from a record 38% in September to 27.5% in June.
The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) maintained interest rates at its meeting on May 23rd, according to a press release. The overnight deposit rate and the overnight ...
Egypt held its benchmark interest rate steady on Thursday, opting to keep it at a record high even as double-digit inflation eased to the lowest level in two years. The Monetary Policy Committee ...
Egypt’s Central Bank raised key interest rates by 200 basis points each, ... Most analysts had expected the bank to hold interest rates steady in July. By Nikhil Lohade. July 6, 2017 8:51 pm ET ...
Egypt’s central bank kept its overnight interest rates unchanged on Thursday, as expected, saying that while inflation was set to decelerate sharply in early 2025 it nonetheless remained high.
Egypt's central bank kept its overnight interest rates unchanged on Thursday as predicted, saying GDP growth had slowed to 2.9% in the second quarter of 2003 and headline inflation had decelerated ...
Home; Industry; Economy; Egypt’s central bank leaves overnight interest rates steady. The central bank said that the lending rate remained at 28.25 per cent, while the deposit rate stood at 27. ...
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